Can you invest in Bitcoin under 18?

Norberto Espy asked, updated on March 5th, 2021; Topic: bitcoin
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Yes, you can buy bitcoin if you are under 18 years old. However, they don't make it easy. Most exchanges nowadays make it so that you have to comply to their Know Your Customer (KYC) regulations in order to buy bitcoins on their platform. ... That's why popular exchanges like Coinbase do not allow minors on their platform.

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Therefore, how do I get ethereum under 18?

Regardless of age, you are able to accept donations, accept it as payment for goods and services, mine it or even get some for free from an ETH faucet. If you would still like to buy some ETH, you could possibly find someone at a local crypto Meetup who would be willing to sell you some ETH.

Suitably, do you have to be 18 to use Coinbase? As of J, you must be 18 or older to access Coinbase services. All underage Coinbase users who opened accounts under our old policy will be notified of this change and will be given ample opportunity to remove funds from their accounts before the accounts are closed.

At the same time, how can I sell bitcoins under 18?

Under 18 And Want To Buy or Sell Bitcoin?

  • Traditional Bitcoin exchanges are not the answer to the problem, as nearly every platform will perform an identity check. ...
  • One of the more obvious alternatives is to use a marketplace like LocalBitcoins.
  • Is it illegal to buy and sell Bitcoin?

    Is Bitcoin legal in Australia? The last thing you want to do is fall foul of the law when purchasing cryptocurrency. ... The main being the purchase of illegal goods or services online; and the potential for bitcoin to be used in money laundering. But to date bitcoin in Australia is still very legal.

    2 Related Questions Answered

    How can I buy Bitcoin at 17?

    It is not illegal for minors to buy bitcoins. On the other hand, making an agreement with a minor can be risky. Just set up a Coinbase account using your parents ID and bank account info/ credit card info and pay them back using your cash. Check for a Bitcoin ATM near by on google.

    How old do you have to be to use Paxful?

    18 years